Review the transactions and determine the accounts, the account types (use assets, liabilities, common stock, dividends, revenue, and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. Refer to the Chart of Accounts for account titles. Bought a company truck by signing a note at the bank Account #1 Account Type Increase/Decrease Debit/Credit Account receivable Assets Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Service revenue Purchase of building with note. Account #1 Account Type Increase/Decrease Debit/Credit Cash Account #2 Account Type Increase/Decrease Debit/Credit Common stock Paid for advertising in the local paper Account #1 Account Type Increase/Decrease Debit/Credit Office furniture Account #2 Account Type Increase/Decrease Debit/Credit Accounts payable